Thai tycoon Charoen keeps buying

Berli Jucker, a retail and trading company controlled by Charoen Sirivadhanabhakdi, agreed to buy Metro's cash & carry business in Vietnam.

Berli Jucker, a Thai company controlled by tycoon Charoen Sirivadhanabhakdi, struck a deal on Thursday to buy German retailer Metro's cash and carry business in Vietnam for an enterprise value of 655 million $876 million to beef up its retail presence in Vietnam.